Thread regarding U.S. Bank layoffs

Stealth layoffs continue this week

Mass layoffs across the organization of American workers continues this week.

Meanwhile US Bancorp launched 5B in stock buybacks and announced a 2% dividend increase. Resulting in another boost for USB executive compensation.

Textbook corporate greed

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| 1511 views | | 3 replies (last October 25, 2024) | Reply
Post ID: @OP+1uZcHjwV

3 replies (most recent on top)

The lack of communication from executive leadership through middle management these past few years has made for a difficult culture.

When leadership stands in the dark and says look at me, it's a clear sign of disconnection.

Richard Davis always stood in the light where he could be seen and clearly heard. He would have handled these things with integrity instead of silence.

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Post ID: @buop+1uZcHjwV

Stocks go up when they announce layoffs...so why hide it?

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Post ID: @1fso+1uZcHjwV

Yeah another undisclosed amount of job eliminations happened last week.

Corporate greed at its best.

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Post ID: @1bpi+1uZcHjwV

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